U.S. national debt eclipses $34 trillion for first time
The new milestone comes as lawmakers brace for fiscal showdowns over spending levels in the new year.
The new milestone comes as lawmakers brace for fiscal showdowns over spending levels in the new year.
Narrower criteria reduced the number of qualifying models to 13 from about two dozen, according to federal data. The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.
Obesity drugs like Wegovy and Eli Lilly’s Zepbound are showing promising results in helping people shed pounds. But a law bans Medicare from paying for weight loss drugs. Now, drugmakers and a bipartisan coalition of lawmakers are gearing up to push for that to change next year.
The Biden administration plans to more aggressively pursue thousands of small businesses with past-due pandemic loans, reversing an earlier policy that saw the U.S. government stop short of trying to collect an estimated $30 billion in delinquent debt.
If the fuel pump module doesn’t work, the car’s engine may not start or can stall while driving, regulators said, increasing crash and injury risks.
Companies like General Motors Co. and Ford Motor Co. said in letters to the National Highway Traffic Safety Administration released Wednesday that there’s no proof that the parts made by ARC Automotive Inc. are defective.
The EPA opened nearly 200 criminal investigations this year, a 70% increase over 2022, the agency said in a report. It completed nearly 1,800 civil settlements, a 9% increase over 2022.
The Minority Business Development Agency is one of several federal programs under siege over a fundamental assumption ingrained in Washington policy: that certain racial and ethnic groups are inherently disadvantaged
The development is substantive—it is designed to help lawmakers write legislation that can pass both chambers—but it is also symbolic, an effort to show public momentum on the issue.
Authorizing the monthslong inquiry ensures that the impeachment investigation extends well into 2024, when President Joe Biden will be running for reelection.
The National Highway Traffic Safety Administration announced on Tuesday that it is starting the process to put a new federal safety standard in place requiring the technology in all new passenger vehicles.
The Biden administration is putting pharmaceutical companies on notice, warning them that if the price of certain drugs is too high, the government might cancel their patent protection and allow rivals to make their own versions.
Plans outlined by the departments of Treasury and Energy would limit electric vehicle buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States.
It is the strongest proposed overhaul of lead rules in more than three decades, and will cost billions of dollars.
A group of 3,700 auto dealers is calling on the Biden administration to pull back on federal regulations that will mandate that two out of every three vehicles sold in the United States in 2032 will be battery electric.
Twenty years after nearly being shuttered, U.S. Naval Surface Warfare Center, Crane Division, has become a key player in the federal government’s strategy to outpace its foreign rivals in the booming microelectronics industry.
Corporations have fought vigorously to thwart even the most basic rules that would require them to be more transparent about hidden charges, according to a Washington Post review of federal lobbying records and hundreds of filings submitted to government agencies.
U.S. Sen. Todd Young, a Republican from Indiana, and U.S. Sen. Tim Kaine, a Democrat from Virginia, introduced a bill this month banning accredited institutions from offering preferential treatment to applicants with relationships to alumni or donors. The bill includes protections for faith-based institutions.
The Senate met into the night to pass the bill with an 87-11 tally and send it to President Joe Biden for his signature one day after it passed the House on an overwhelming bipartisan vote.
The Energy Department estimates demand for lithium batteries will increase up to 10 times by 2030.